"It's not just low-income Americans who struggle to pay their rent every month, or find an affordable place to live when they move. New research from Harvard says that even renters with annual incomes of $45,000 face unaffordable rents in many cities, with potentially far-reaching effects."
"Current and former residents of Lathrop Homes, a sprawling, but mostly shuttered public housing complex in Chicago's North Center neighborhood, led a procession through the properties to call on city officials to rehab vacant units for more low-income housing."
"The report released on Wednesday highlighted the growing income divide in this country, as the U.S. moves towards becoming a country dominated by upper income earners and the very poor after the middle class—including upper income earners--struggled through years of recession, wage stagnation and mounting housing and education costs. Democratic and Rep […]
"Americans in middle-income households have lost significant ground since 1970, according to a new Pew Research Center analysis of government data. The middle class has long been the country’s economic majority, but our new analysis finds that’s no longer true. Meanwhile, the middle class has fallen further behind upper-income households financially, wh […]
"Congress could significantly help low-income families with children by making current eligibility rules for the Child Tax Credit (CTC) permanent. If lawmakers allow the current threshold to expire as scheduled after 2017, families with children in the lowest income quintile will lose almost $700. Over the past few years, members of Congress from both s […]
" Some 7,000 households have been evicted each year in Baltimore since 2012, yet a majority of people facing eviction have valid reasons to fight back although most arrive in court without a lawyer, the research found. The research illustrates the human cost of a lack of affordable housing that afflicts cities across the United States, exacerbating a cy […]
"The majority of U.S. renters are now 40 and older, a fundamental shift over the past decade that reflects the lasting damage of the housing crash and an aging population. This finding in a report released Wednesday by Harvard University's Joint Center for Housing Studies overturns the assumption that the rental boom is only the result of twenty-so […]
"There are now more low-income and high-income Americans combined than there are people in the middle class, a study released Wednesday found. According to a Pew Research Center report, there were 120.8 million adults living in middle-income households and 121.3 million in lower- and upper-income households combined in early 2015, marking the first time […]